Import and Export (EXIM) - Currency Hedging Guide
What is hedging in foreign exchange?By using a forex hedge properly, a trader who is long a foreign currency pair can be protected from downside risk, while the trader who is short a foreign currency pair can protect against upside risk.
JPYINR Intraday Outlook : 6.4.2017
JPYINR Intraday Outlook : 6.4.2017 NIFTY FUT TREND : SELL ZONE BANKNIFTY FUT TREND : SELL ZONE
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Japanese Yen is trading at 110.49, rebounding from the levels of 111.47 in yesterday’s session. We have seen Yen depreciating as US dollar was strengthening against majors after better than expected ADP job data and hawkish FOMC meeting minutes was reported. Profit booking at higher levels in US dollar has limited further appreciation and the key reason for this was Trump-XI meet and concerns over trump’s tax reforms which are due since his inauguration. We have seen USD/JPY pair following the footprints of US dollar. We expect demand to come in-between the levels of 110.30-110.15 in USD/JPY pair.